Breaking News

Lexar Launches the NM990 PCIe 5.0 SSD DJI Agras T100, T70P and T25P Launches Globally Sony Introduces the RX1R III Razer Introduces Next-Generation Connectivity and Performance with New Thunderbolt 5 Dock and Core X V2 Transcend's New ESD420 Portable SSD Offers MagSafe Compatibility and Pro-Level Performance

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

BlackBerry's Revenue Keeps Increasing

BlackBerry's Revenue Keeps Increasing

Enterprise & IT Jun 26,2019 0

Canadian software maker BlackBerry Ltd on Wednesday reported higher than expected quarterly revenue, as it benefited from its recent $1.4 billion bet on cybersecurity firm Cylance.

BlackBerry in February completed its acquisition of Cylance, whose software uses machine learning to preempt security breaches.

In the first quarter, adjusted revenue from Cylance was $51 million.

BlackBerry, once known for its phones, has pivoted to selling software such as those used in mobiles and by automakers, and more recently supplying technology to companies developing driverless cars.

BlackBerry’s revenue rose 23% to $267 million in the quarter.

The company’s net loss narrowed to $35 million in the quarter ended May 31, from $60 million, a year earlier.

Tags: BlackBerry
Previous Post
Firefox Launches Track THIS To Reveal What Third-Party Cookies Do
Next Post
China Hacked Major Computer Services Firms: report

Related Posts

  • TCL to Stop Selling Blackberry Phones

  • BlackBerry KEY2 Red Edition Available In The United States

  • BlackBerry Messenger is Shutting Down

  • Licensing Fuels BlackBerry's Quarterly Revenue

  • BlackBerry Takes Twitter in Court Over Patent Infringement

  • Software Push Pays Off For BlackBerry

  • BlackBerry to Buy Cylance for $1.4 Billion to Add AI and Cybersecurity Capabilities

  • BlackBerry to Spark Secure Hyperconnectivity with New EoT Platform

Latest News

Lexar Launches the NM990 PCIe 5.0 SSD
PC components

Lexar Launches the NM990 PCIe 5.0 SSD

DJI Agras T100, T70P and T25P Launches Globally
Drones

DJI Agras T100, T70P and T25P Launches Globally

Sony Introduces the RX1R III
Cameras

Sony Introduces the RX1R III

Razer Introduces Next-Generation Connectivity and Performance with New Thunderbolt 5 Dock and Core X V2
Gaming

Razer Introduces Next-Generation Connectivity and Performance with New Thunderbolt 5 Dock and Core X V2

Transcend's New ESD420 Portable SSD Offers MagSafe Compatibility and Pro-Level Performance
PC components

Transcend's New ESD420 Portable SSD Offers MagSafe Compatibility and Pro-Level Performance

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Noctua NH-D15 G2

Noctua NH-D15 G2

Soundpeats Pop Clip

Soundpeats Pop Clip

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

Crucial T705 2TB NVME White

Crucial T705 2TB NVME White

be quiet! Pure Base 501

be quiet! Pure Base 501

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed